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Defense contractor who gave to Susan Collins accused of defrauding her business loan program

A Hawaii defense contractor who has donated to U.S. Sen. Susan Collins and whose business operates in Maine faces federal charges alleging he defrauded the Paycheck Protection Program, the small business loan program championed by the senator.

Martin Kao, the CEO of Martin Defense Group, formerly known as Navatek LLC, allegedly inflated the number of his employees his business had and how much they made to get a $10 million loan, then deposited $2 million into his personal bank account, according to a criminal complaint filed in U.S. District Court in Hawaii on Tuesday.

He then allegedly applied for a second loan. Kao, 47, is set to make an initial appearance in federal court in Honolulu on Thursday, according to U.S. Attorney Kenji M. Price’s office. He is facing two charges of bank fraud and five charges of money laundering.

The defense contracting company, headquartered in Honolulu, Hawaii, said it grew to employ 40 engineers and scientists in Portland and Bangor offices this summer. It has offices in six other states and primarily designs ship hulls for the U.S. Navy. Kao appeared with Collins at a company event in Portland last year after his company won an $8 million Navy contract.

Kao allegedly flaunted ties to U.S. senators in conversations with officials at a Hawaii-based bank in loan conversations, noting in an April 2 email his company operates in multiple states and saying he “work[s] very closely” with senators from those states who “championed” the March coronavirus relief bill that included the loan program, according to the criminal complaint. 

It does not name the lawmakers with whom he allegedly talked. Collins spokesperson Annie Clark said Thursday morning the Republican senator had not spoken with Kao since August 2019 and no one in her office had contact with him or his

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Hawaiian defense contractor with Maine offices charged with bank fraud

A Hawaiian defense contractor whose business has offices and employees in Maine has been accused of falsifying loan applications to receive $12.8 million in federal funds from a coronavirus relief program.

Martin Kao was arrested Wednesday and charged with bank fraud and money laundering. The news was first reported by Civil Beat, a Hawaii-based investigative news organization.

According to a 37-page criminal complaint filed by the U.S. Department of Justice, Kao is suspected of lying on two applications to receive funds under the Paycheck Protection Program for small businesses, part of the CARES Act passed by Congress in late March to address the pandemic. Maine Sen. Susan Collins was a co-author of the act.

Kao and several of his employees have donated to Collins’ reelection campaign, and the two appeared together in Maine last summer when Collins announced an $8 million federal contract to his company, Navartek LLC, now known as Martin Defense Group.

Investigators believe Kao, when applying for PPP loans, deliberately overstated his company’s need for relief, inflated the number of his employees and used a subsidiary company so that he could apply twice. They also allege Kao transferred $2 million in PPP funds to a personal bank account.

The complaint also indicates that Kao told officials at the banks that were delivering the PPP loans that he works closely with unamed U.S. senators and said some senators or their staff had advised him on the application process.

“[The Senator] is suggesting a conference call with his Banking Committee and SBA staff director . . . SHE HELPED WRITE THE PPP RULES. . . . . ,” he wrote in an email to a bank executive, according to the complaint. “She has confirmed directly that CPB should and is obligated to fund once SBA issues the approval number.

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Defense contractor charged for allegedly stealing more than $12.8M in PPP funds

A defense contractor in Hawaii has been charged with bank fraud and money laundering for stealing more than $12.8 million in Paycheck Protection Program (PPP) money. 

Martin Kao, CEO of Martin Defense Group LLC, previously known as Navatek LLC, is being arrested on two counts of bank fraud and five counts of money laundering. He is accused of at least two fraudulent PPP loan applications.

Out of the $12.8 million he received, Kao transferred more than $2 million into his own personal accounts, a criminal complaint said.

“According to the charges, Kao falsely inflated the number of employees on the loan application and falsely certified that the applicant and its affiliates would not receive, and had not received, another PPP loan,” the U.S. attorney’s office in Hawaii said in a statement.

The PPP is a program established by Congress in March that provides forgivable loans to small businesses impacted by the coronavirus pandemic. Kao is one of dozens of people who have been charged with fraudulently obtaining millions of dollars from the PPP through the program.

Democrats on the House Select Subcommittee on the Coronavirus Crisis said last week that more than $3 billion in loans issued through the coronavirus emergency relief program for small businesses may have gone to firms that already received support or should have been excluded from the program.

Lawmakers are continuing to negotiate another coronavirus stimulus bill, which will likely at least partially replenish the PPP.

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SECAF Announces Finalists for 2020 Government Contractor Awards

Press release content from Business Wire. The AP news staff was not involved in its creation.

–(BUSINESS WIRE)–Oct 1, 2020–

What:
The Small and Emerging Contractors Advisory Forum’s (SECAF) 12 th Annual Government Contractor Awards. Recognizing more than a decade of excellence, SECAF’s flagship event honors small and emerging government contractors and the players in the industry that rely on small business.


Who:

Award winners will be selected from a group of finalists in seven categories. The GovernmentContractor of the Year recognizes companies that have shown a compelling and profound commitment to excellence in financial performance. The Award of Excellence highlights an organization that represents excellence within their respective community, the government contracting industry, and towards employees. The Government Project of the Year is given to a company that has delivered an exemplary program with significant value to the federal government. Finally, Mentor-Protégé Program of the Year awards companies that have shown a compelling and profound commitment to excellence through its efforts as a prime contractor. As such, 2020’s finalists are as follows:


Government Contractor of the Year (Under $7.5 Million in Revenue)

DTS & Associates, LLC
Excel Technologies LLC
Powell Strategies
Rainmakers Strategic Solutions LLC
ShorePoint, Inc.


Government Contractor of the Year ($7.5 to $15 Million in Revenue)

ADS Federal, Inc
De Lune Corp
G2 Ops, Inc.
INCATech LLC
Kreative Technologies, LLC


Government Contractor of the Year ($15 to $27.5 Million in Revenue)

Arena Technologies
Core One Solutions LLC
DecisionPoint Corporation
Fenix Group, Inc
Obera LLC
The Building People


Government Contractor of the Year ($27.5 to $50 Million in Revenue)

Alpha Omega Integration, LLC
Edgewater Federal Solutions, Inc.
Highlight Technologies
Prescient Edge
RIVA Solutions Inc.


Award of Excellence (Under $50 Million in Revenue)

Human Resources Technologies, Inc.
INNOVIM, LLC
M2 Strategy, Inc.
Phoenix Operations

Lehi Roofing Contractor Now Providing Quality Commercial Roofing Services

Lehi Roofing Contractor Now Providing Quality Commercial Roofing Services

Lehi, UT – Lehi Roofing Contractor, a leading roofing company, recently announced that it is now providing quality commercial roofing services in Lehi. The top-rated Roofing Company in Lehi shared that they take pride in offering world-class roofing services. The team affirmed that they work hard in giving locals the roofing services and care that their houses deserve. The staff at Lehi Roofing Contractor also shared that they provide a wide range of roofing services that are nothing short of efficient. The experts affirmed that they thrive in giving all kinds of roofing services such as repairs, installations, maintenance, and re-roofs.

This roofing company also shared that its staff has more than 20 years of combined experience in handling roofs. The Roofing Company in Lehi affirmed that they are good at what they do and that they are the industry-leading experts of quality services. Lehi Roofing Contractor also stated that they value and respect customers more than anything else. The roofing experts affirmed that they treat customers like family and always strive to put their needs first before profit-making.

In addition, Lehi Roofing Contractor also shared that they have a solid reputation in providing world-class services to customers always.

About Lehi Roofing Contractor

Lehi Roofing Contractor is a leading roofing company in Lehi. Since its founding, the team has been consistent in providing quality and affordable roofing services such as repairs, installations, maintenance, and re-roofs. The experts have more than 20 years of experience in offering roofing services that are efficient and affordable always. For more information, contact Lehi Roofing Contractor today.

Media Contact
Company Name: Lehi Roofing Contractor
Contact Person: Patrick Stephenson
Email: Send Email
Phone: (801) 613-0979
Address:55 W Main St STE A
City: Lehi
State: Utah
Country: United States
Website: https://roofinglehi.com/

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